Federated Hermes Total Return Bond Fund Class R6 Shares (FTRLX)
| Fund Assets | 15.38B |
| Expense Ratio | 0.38% |
| Min. Investment | $1,500 |
| Turnover | 72.00% |
| Dividend (ttm) | 0.42 |
| Dividend Yield | 4.49% |
| Dividend Growth | 7.71% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 9.41 |
| YTD Return | 1.53% |
| 1-Year Return | 2.63% |
| 5-Year Return | -4.11% |
| 52-Week Low | 9.23 |
| 52-Week High | 9.81 |
| Beta (5Y) | n/a |
| Holdings | 1102 |
| Inception Date | Apr 17, 2015 |
About FTRLX
Federated Hermes Total Return Bond Fund Class R6 Shares is an open-end mutual fund specializing in U.S. dollar-denominated, investment-grade fixed-income securities. The fund’s primary objective is to generate total return for investors by balancing income and capital appreciation. Managed with an intermediate core-plus bond strategy, it invests mainly in high-quality bonds but also has the flexibility to allocate up to 25% of assets to non-investment-grade bonds (also known as high-yield or "junk" bonds) and includes exposure to emerging market and non-U.S. dollar-denominated debt when the risk-reward profile is favorable. The fund's portfolio is characterized by moderate credit quality and interest-rate sensitivity, aiming to diversify risk and enhance potential returns. Notable positions include U.S. Treasury notes, mortgage-backed securities, and select corporate bonds. With a substantial asset base and a competitive expense ratio, the fund serves institutional and retirement investors seeking broad exposure to the fixed-income market while maintaining a focus on prudent risk management. Its role in the financial market is to offer investors access to a diversified, actively managed bond portfolio designed to navigate various market conditions and interest rate environments.
Performance
FTRLX had a total return of 2.63% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.15%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FGBPX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class I | 0.50% |
| FSMTX | Fidelity | Fidelity SAI Total Bond Fund | 0.29% |
| FGBCX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class C | 1.52% |
| FGBTX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class M | 0.74% |
| FTKFX | Fidelity | Fidelity Total Bond K6 Fund | 0.30% |
Top 10 Holdings
55.05% of assets| Name | Symbol | Weight |
|---|---|---|
| Federated Core Trust - Federated Mortgage Core Portfolio - FEDERATED CORE TR MTG CORE PORTFOLIO | n/a | 21.12% |
| United States Treasury - U.S. Treasury Notes | T.4.625 02.15.35 | 7.79% |
| Federated Core Trust III - Federated Project and Trade Finance Core Fund - FEDERATED CORE TR III FEDERATED PROJ+TRADE FIN CORE | n/a | 6.98% |
| United States Treasury - U.S. Treasury Notes | n/a | 5.13% |
| Federated Core Trust - High Yield Bond Portfolio - FED HIGH YLD BOND PORT | n/a | 3.02% |
| United States Treasury - U.S. Treasury Bonds | T.4.25 02.15.54 | 2.61% |
| United States Treasury - U.S. Treasury Bonds | T.4.125 08.15.53 | 2.47% |
| PRUDENTIAL QMA STRAT VAL- - FEDERATED CORE TR MUTUAL FUND | n/a | 2.45% |
| United States Treasury - U.S. Treasury Notes | T.3.75 08.31.31 | 1.82% |
| United States Treasury - U.S. Treasury Notes | T.4.25 11.15.34 | 1.66% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.03607 | Jun 30, 2025 |
| May 30, 2025 | $0.03623 | May 30, 2025 |
| Apr 30, 2025 | $0.03572 | Apr 30, 2025 |
| Mar 31, 2025 | $0.03356 | Mar 31, 2025 |
| Feb 28, 2025 | $0.03324 | Feb 28, 2025 |
| Jan 31, 2025 | $0.03472 | Jan 31, 2025 |